Decentraland Controversy About News That Platform DAU Numbers Are Less Than 100 Users

Decentraland (MANA), one of the world’s major metaverse platforms, has clarified its number of Daily Active Users (DAU). This comes following claims that the platform’s DAUs had dropped below 1000.

Indeed, according to this Coin Desk report, which used Dapp Radar statistics, Decentraland had as little as 38 Daily Active Users at one point.

This is unquestionably little for a platform worth more than $1 billion. Nonetheless, the metaverse platform expressed worry that these data are inaccurate, and it released its own measurements to explain the situation.

While refuting the facts on Dapp Radar and other P2E gaming outlets, Decentraland expressed worry that a lot of “misinformation” regarding the platform’s daily active users has been spreading recently.

The Ethereum-based metaverse platform said that the inequalities were so pronounced because Dapp Radar and other platforms exclusively tracked data on individual smart contracts. Decentraland noted that, while not wholly incorrect, this does not convey the true picture.

Decentraland published a thorough examination of what it believes to be the genuine status of platform interactions.

Instead of just providing us with the actual amount of DAUs, the platform chose to offer a broad-based data set encompassing most of September. To begin, there were around 56,697 monthly active users in September.

Furthermore, the decentralized virtual platform revealed that 1074 individuals were engaging with smart contracts concurrently. Surprisingly, Dapp Radar’s DAU estimations frequently rely on the number of users interacting with smart contracts.

Based on the platform numbers, it’s easy to see why the dApp tracking website concluded that just 39 users visited Decentraland on any given day. The metaverse platform, on the other hand, defines a Daily Active User in a different way.

It contends that a daily active user is someone who logs into Decentraland and subsequently leaves a parcel. It makes no difference how much time they spend there. They will be counted in the DAU figures as long as they log in and move about.

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Harold

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Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

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